Precise Exposures and Valued Insights from the Market Leader
Return dispersion among sectors can create opportunities for investors to pursue alpha, manage risk, or capture cyclical or thematic trends. As the world’s first and largest sector ETF provider,1 State Street SPDR ETFs provide targeted, efficient strategies that investors can use to express their views with precision across the business cycle.
A Leader in Sector Investing
Since launching the world’s first suite of sector ETFs in 1998, we have been committed to using our expertise in indexing, portfolio construction and liquidity management to provide efficient tools for executing sector investing strategies. We are one of the world’s largest asset managers, giving us the resources and ability to deliver scalable sector ETF solutions for investors of all sizes.
first and largest sector ETF provider in the world 1
in sector strategies globally 2
years of experience managing sector ETFs
Delivering Liquidity Across Sectors
We are committed to pursuing tight trading spreads and increasing liquidity in our sector ETFs to enhance the efficiency of these tools.
Our sector ETFs are built using the Global Industry Classification Standard (GICS) and benchmarks with a large-cap bias, which contribute to the funds’ overall liquidity.
We draw on our global trading capabilities and capital markets expertise to execute trades as efficiently as possible and work with market makers to pursue best execution for our clients.
Total Cost of Ownership
The liquidity profile of our sector ETFs can help to reduce trading costs which lowers the total cost of ownership—a key consideration in sector rotation strategies.
Explore Sector ETF Investing
Learn how investors are using sector ETFs to target opportunities created by return dispersion, manage risk through diversification, position for business cycles or express thematic market views.
Whether investors are looking to use a top-down, bottom-up or technical approach to portfolio construction, our sector ETFs are designed to deliver the exposures investors need to efficiently target risk and return drivers across all phases of the business cycle.
Our sector ETFs are built using the widely recognized Global Industry Classification Standard (GICS) and are derived from well-known indices.
The portfolio management team works diligently to minimize tracking error across all sector investing strategies.
We adapt our suite of sector investing strategies to reflect changes to GICS. For example, in 2018, we worked quickly to launch a communication services sector ETF given the addition of this sector to GICS.
Our Latest Thinking
We deliver differentiated ideas for how to act on opportunities created by sector return dispersion, as well as sectors’ varying correlations to the broader market and to each other.
Our quarterly Sector Compass provides investors with an overview of recent sector performance and flows, and also features our Sectors Picks for the quarter ahead.
Whether you are looking to strengthen your core through strategic sector allocations or tactically capitalise on market opportunities, our sector ETFs are designed to be efficient building blocks for expressing your views. We offer sector ETF investing solutions tracking 30 sectors across MSCI World, MSCI Europe and S&P 500 indices.
1 State Street’s Select Sector ETFs were launched in 1998 and were the first sector ETFs to launch. Largest sector ETF provider is measured by AUM, Bloomberg Finance L.P., as of 9/30/2020. 2 State Street Global Advisors, as of 9/30/2020.
The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor.
Frequent trading of ETFs could significantly increase commissions and other costs such that they may offset any savings from low fees or costs.
Concentrated investments in a particular sector or industry tend to be more volatile than the overall market and increases risk that events negatively affecting such sectors or industries could reduce returns, potentially causing the value of the Fund’s shares to decrease.
Passively managed funds invest by sampling the Index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the Index.
Select Sector SPDR Funds bear a higher level of risk than more broadly diversified funds. All ETFs are subject to risk, including the possible loss of principal. Sector ETFs products are also subject to sector risk and nondiversification risk, which generally results in greater price fluctuations than the overall market.
Investing involves risk including the risk of loss of principal.
The information contained in this communication is not a research recommendation or 'investment research' and is classified as a 'Marketing Communication' in accordance with the Markets in Financial Instruments Directive (2014/65/EU) or applicable Swiss regulation. This means that this marketing communication (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research (b) is not subject to any prohibition on dealing ahead of the dissemination of investment research.
ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. Changes in exchange rates may have an adverse effect on the value, price or income of an investment. Further there is no guarantee that an ETF will achieve its investment objective. SSGA SPDR ETFS MAY NOT BE AVAILABLE OR SUITABLE FOR YOU. THE VIEWS EXPRESSED/INFORMATION IN THIS SITE DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL, LEGAL, REGULATORY, ACCOUNTING OR TAX ADVICE. INDEPENDENT ADVICE SHOULD BE SOUGHT IN CASES OF DOUBT. NEITHER THE INFORMATION NOR ANY OPINION CONTAINED ON THIS SITE CONSTITUTES A SOLICITATION OR OFFER TO BUY OR SELL SHARES OF THE FUNDS OR ANY OTHER FINANCIAL INSTRUMENT. Standard & Poor's®, S&P® and SPDR® are registered trademarks of Standard & Poor's Financial Services LLC (S&P); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); and these trademarks have been licensed for use by S&P Dow Jones Indices LLC (SPDJI) and sublicensed for certain purposes by State Street Corporation. State Street Corporation's financial products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and third party licensors and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability in relation thereto, including for any errors, omissions, or interruptions of any index.
SPDR ETFs may be offered and sold only in those jurisdictions where authorised, in compliance with applicable regulations.
Information related to Mexico
This information does not constitute and is not intended to constitute marketing or an offer of securities and accordingly should not be construed as such. The Funds referenced herein have not been, and will not be, registered under the Mexican Securities Market Law (Ley del Mercado de Valores) and may not be publicly offered or sold in the United Mexican States. Disclosure documentation related to any of the aforementioned Funds may not be distributed publicly in Mexico and shares of the Funds may not be traded in Mexico.
European SPDR ETFs
SSGA SPDR ETFs Europe I Plc and SSGA SPDR ETFs Europe II Plc are investment companies with variable capital constituted as umbrella funds with segregated liability between sub-funds under the laws of Ireland and authorized by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011.
You should obtain the Prospectus and Key Investor Information Document (KIID) relating to specific SPDR ETFs and read them carefully prior to investing. For further information and the Prospectus/KIID describing the characteristics, costs and risks of SPDR ETFs, download a Prospectus or KIID here, talk to your financial advisor, or obtain it from your local SSGA office.
US SPDR ETFs
The US domiciled SPDR ETFs named on this site (excluding SPDR Gold Shares & SPDR Gold MiniShares Trust) are only permitted to be marketed into the relevant EEA jurisdiction pursuant to either Article 42 of AIFMD (as implemented under national laws of such member state); or (ii) can otherwise be lawfully offered or sold (including on the basis of an unsolicited request from a professional/Qualified investor). Some of the US domiciled SPDR ETFs mentioned in this site are alternative investment funds for the purpose of the European Union Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (“AIFMD”). SSGA Funds Management, Inc. and State Street Global Advisors Trust Company are the alternative investment fund managers (“AIFMs”) of these Funds.
Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus which contains this and other information, download a prospectus here, or talk to your financial advisor. Read it carefully before investing.